Question 2 1 Katherine has opened an account in Manchester Village Bank. She receives a 3.5 percent interest rate on the money she deposits in her account. She does not use the funds from the account to meet her minor expenditures but only uses them when there is any major expenditure. In the context of this scenario, which of the following kinds of bank accounts does Katherine hold? O A concentration account O A savings account O. A basic checking account O A fixed deposit account